CVS Health (CVS) Gains As Market Dips: What You Should Know

CVS Health (CVS) Gains As Market Dips: What You Should Know
This story originally appeared on Zacks

CVS Health (CVS) closed at $105.06 in the latest trading session, marking a +0.84% move from the prior day. This change outpaced the S&P 500’s 0.14% loss on the day. Elsewhere, the Dow lost 0.45%, while the tech-heavy Nasdaq lost 0.02%.

CVS Health (CVS) Gains As Market Dips: What You Should Know – Zacks

Coming into today, shares of the drugstore chain and pharmacy benefits manager had gained 5.39% in the past month. In that same time, the Retail-Wholesale sector lost 4.76%, while the S&P 500 lost 0.13%.

CVS Health will be looking to display strength as it nears its next earnings release, which is expected to be February 9, 2022. In that report, analysts expect CVS Health to post earnings of $1.60 per share. This would mark year-over-year growth of 23.08%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $75.06 billion,…

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